Business News

Stocks decline as AIG reveals need for cash, oil surges

NEW YORK (AP) -- Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week....

Sovereign, AIG among big market movers

NEW YORK (AP) -- Stocks that are moving substantially or trading heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:...

Wall Street looks for more evidence to justify a rally

NEW YORK (AP) -- Wall Street goes into the new week in an upbeat mood, with investors growing more confident that the economy and the financial markets are heading toward a second-half recovery....